PIERRE & VACANCES |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 1.41 EUR | -0.70% |
|
+8.80% | -9.15% |
| Apr. 23 | Pierre & Vacances: sales up 8.6% in 1st half-year | CF |
| Apr. 23 | Pierre et Vacances SA Provides Earnings Guidance for the Full Year 2024 | CI |
Valuation
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 148.2 | 115.4 | 88.66 | 336.3 | 568.8 | 640.6 | - | - |
| Enterprise Value (EV) 1 | 376.8 | 446 | 618.5 | 269.5 | 489.8 | 3,863 | 3,850 | 388.4 |
| P/E ratio | -60.6 x | -3.64 x | -0.21 x | 7.88 x | -8.94 x | 18.4 x | 14.1 x | 9.4 x |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 0.09 x | 0.1 x | 0.09 x | 0.21 x | 0.3 x | 0.33 x | 0.32 x | 0.3 x |
| EV / Revenue | 0.24 x | 0.38 x | 0.66 x | 0.17 x | 0.26 x | 1.96 x | 1.91 x | 0.18 x |
| EV / EBITDA | 4.48 x | -4.02 x | -3.68 x | 1.72 x | 3.57 x | 6.96 x | 6.54 x | - |
| EV / FCF | 117 x | -16.3 x | -2.2 x | 10 x | -7.76 x | 379 x | 95.4 x | 7.64 x |
| FCF Yield | 0.85% | -6.14% | -45.5% | 9.96% | -12.9% | 0.26% | 1.05% | 13.1% |
| Price to Book | 7.95 x | -2.75 x | - | -0.06 x | -1.38 x | 2.91 x | 2.47 x | 1.88 x |
| Nbr of stocks (in thousands) | 9,535 | 9,620 | 9,796 | 415,167 | 454,294 | 454,293 | - | - |
| Reference price 2 | 15.54 | 12.00 | 9.050 | 0.8100 | 1.252 | 1.410 | 1.410 | 1.410 |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,595 | 1,172 | 937.2 | 1,612 | 1,915 | 1,969 | 2,020 | 2,115 |
| EBITDA 1 | 84.12 | -110.9 | -168.2 | 156.5 | 137.1 | 555 | 588.3 | - |
| EBIT 1 | 30.9 | -171.5 | -236.7 | 98.6 | 90.1 | 266.4 | 199.4 | 129.5 |
| Operating Margin | 1.94% | -14.64% | -25.26% | 6.12% | 4.71% | 13.53% | 9.87% | 6.12% |
| Earnings before Tax (EBT) 1 | 1.3 | -328.3 | -317.3 | 339.1 | -50.5 | 75.7 | 94.4 | 117.6 |
| Net income 1 | -33 | -336.2 | -341.3 | 291.3 | -63.2 | 40.8 | 51.37 | 69.3 |
| Net margin | -2.07% | -28.7% | -36.42% | 18.07% | -3.3% | 2.07% | 2.54% | 3.28% |
| EPS 2 | -0.2566 | -3.301 | -43.67 | 0.1028 | -0.1400 | 0.0767 | 0.1000 | 0.1500 |
| Free Cash Flow 1 | 3.214 | -27.4 | -281.2 | 26.84 | -63.1 | 10.2 | 40.33 | 50.8 |
| FCF margin | 0.2% | -2.34% | -30% | 1.66% | -3.3% | 0.52% | 2% | 2.4% |
| FCF Conversion (EBITDA) | 3.82% | - | - | 17.15% | - | 1.84% | 6.86% | - |
| FCF Conversion (Net income) | - | - | - | 9.21% | - | 25% | 78.52% | 73.3% |
| Dividend per Share | - | - | - | - | - | - | - | - |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: September | 2020 S1 | 2021 Q3 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | - | 404.5 | 355.5 | 359.8 | 566.5 | 574.1 | 351.8 | 390 | 429.8 | 640.6 | 368.6 | 432.8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - |
| EBIT | -125.6 | - | - | - | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | - | - | - | - | - | - | - | - | - | - | - |
| Net margin | - | - | - | - | - | - | - | - | - | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 4/21/20 | 9/1/21 | 1/20/22 | 4/19/22 | 9/1/22 | 12/1/22 | 1/18/23 | 4/18/23 | 7/18/23 | 12/1/23 | 1/23/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: September | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 229 | 331 | 530 | - | - | 3,223 | 3,209 | - |
| Net Cash position 1 | - | - | - | 66.8 | 79 | - | - | 252 |
| Leverage (Debt/EBITDA) | 2.718 x | -2.981 x | -3.15 x | - | - | 5.807 x | 5.455 x | - |
| Free Cash Flow 1 | 3.21 | -27.4 | -281 | 26.8 | -63.1 | 10.2 | 40.3 | 50.8 |
| ROE (net income / shareholders' equity) | -12.3% | -200% | - | - | - | 15.5% | 17.2% | 18.7% |
| ROA (Net income/ Total Assets) | - | - | - | - | -1.53% | 2.5% | 2.9% | 3.9% |
| Assets 1 | - | - | - | - | 4,136 | 1,632 | 1,771 | 1,777 |
| Book Value Per Share 2 | 1.960 | -4.360 | - | -12.60 | -0.9000 | 0.4900 | 0.5700 | 0.7500 |
| Cash Flow per Share 2 | 0.4800 | 0.0900 | 1.010 | 3.030 | 0.7000 | 0.3000 | 0.3000 | - |
| Capex 1 | 58 | 40.1 | 38.7 | 58.2 | 119 | 90.4 | 89.1 | 85.3 |
| Capex / Sales | 3.63% | 3.42% | 4.13% | 3.61% | 6.2% | 4.59% | 4.41% | 4.03% |
| Announcement Date | 11/26/19 | 11/25/20 | 12/1/21 | 12/1/22 | 12/1/23 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1.41
EUR
Average target price
2.02
EUR
Spread / Average Target
+43.26%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -9.15% | 684M | |
| +19.80% | 12.57B | |
| -16.77% | 6.95B | |
| -8.23% | 5.95B | |
| +5.08% | 5.91B | |
| -7.69% | 3.72B | |
| +5.97% | 2.58B | |
| +7.49% | 2.57B | |
| +26.90% | 2.31B | |
| -3.46% | 2.32B |
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